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Calculate contribution margin on a total dollar basis

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Reference no: EM132983987

Problem1 : Given the following information [daily basis] on a manufacturing company, calculate (a) contribution margin on a per unit basis, (b) contribution margin on a total dollar basis, and (c) fixed costs.

Average selling price for manufacturer's product = $5.00
Daily Break-even level [units] = 10,000
Variable cost per unit = $0.50

Reference no: EM132983987

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